EPRA.L vs. VGSIX

Last updated Jun 26, 2026

EPRA.L (Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR) and VGSIX (Vanguard Real Estate Index Fund) are both REIT funds. Over the past 5 years, EPRA.L returned 2.41%/yr vs 3.24%/yr for VGSIX. A 0.58 correlation means they provide meaningful diversification when combined. EPRA.L charges 0.10%/yr vs 0.26%/yr for VGSIX.

Performance

EPRA.L vs. VGSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) and Vanguard Real Estate Index Fund (VGSIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EPRA.L is traded in GBp, while VGSIX is traded in USD. To make them comparable, the VGSIX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, EPRA.L achieves a 11.10% return, which is significantly lower than VGSIX's 14.24% return.

EPRA.L

• 1D: -0.27%
• 1M: 1.72%
• YTD: 11.10%
• 6M: 12.41%
• 1Y: 16.87%
• 3Y*: 9.21%
• 5Y*: 2.41%
• 10Y*: —

VGSIX

• 1D: 0.17%
• 1M: 2.79%
• YTD: 14.24%
• 6M: 14.13%
• 1Y: 18.11%
• 3Y*: 9.17%
• 5Y*: 3.24%
• 10Y*: 5.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPRA.L vs. VGSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPRA.L Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR	11.10%	3.12%	1.31%	4.40%	-16.02%	27.84%	-11.99%	17.30%	-0.56%	-13.77%
VGSIX Vanguard Real Estate Index Fund	14.24%	-5.23%	4.46%	7.32%	-17.53%	41.51%	-7.66%	23.84%	-0.58%	-4.26%

Correlation

The correlation between EPRA.L and VGSIX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Nov 11, 2016	0.58

The correlation between EPRA.L and VGSIX has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

Return for Risk

EPRA.L vs. VGSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPRA.L

EPRA.L Risk / Return Rank: 48
EPRA.L Sharpe Ratio Rank: 52
EPRA.L Sortino Ratio Rank: 52
EPRA.L Omega Ratio Rank: 48
EPRA.L Calmar Ratio Rank: 42
EPRA.L Martin Ratio Rank: 44

VGSIX

VGSIX Risk / Return Rank: 16
VGSIX Sharpe Ratio Rank: 13
VGSIX Sortino Ratio Rank: 13
VGSIX Omega Ratio Rank: 12
VGSIX Calmar Ratio Rank: 20
VGSIX Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPRA.L vs. VGSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) and Vanguard Real Estate Index Fund (VGSIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EPRA.L	VGSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.11	+0.45
Sortino ratio: Return per unit of downside risk	2.26	1.62	+0.64
Omega ratio: Gain probability vs. loss probability	1.27	1.19	+0.08
Calmar ratio: Return relative to maximum drawdown	1.88	1.98	-0.10
Martin ratio: Return relative to average drawdown	6.46	5.69	+0.77

EPRA.L vs. VGSIX - Sharpe Ratio Comparison

The current EPRA.L Sharpe Ratio is 1.56, which is higher than the VGSIX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of EPRA.L and VGSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPRA.L vs. VGSIX - Drawdown Comparison

The maximum EPRA.L drawdown since its inception was -35.65%, smaller than the maximum VGSIX drawdown of -57.20%. Use the drawdown chart below to compare losses from any high point for EPRA.L and VGSIX.

Drawdown Indicators

	EPRA.L	VGSIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.65%	-57.20%	+21.55%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-7.49%	-1.46%
Max Drawdown (3Y) Largest decline over 3 years	-17.01%	-19.07%	+2.06%
Max Drawdown (5Y) Largest decline over 5 years	-26.59%	-28.91%	+2.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.45%	—
Current Drawdown Current decline from peak	-0.27%	-2.45%	+2.18%
Average Drawdown Average peak-to-trough decline	-11.87%	-10.98%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.64%	-0.03%

Volatility

EPRA.L vs. VGSIX - Volatility Comparison

The current volatility for Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) is 3.17%, while Vanguard Real Estate Index Fund (VGSIX) has a volatility of 4.93%. This indicates that EPRA.L experiences smaller price fluctuations and is considered to be less risky than VGSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPRA.L	VGSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	4.93%	-1.76%
Volatility (6M) Calculated over the trailing 6-month period	8.66%	10.14%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	13.37%	-2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.80%	17.74%	-3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	20.60%	-4.91%

EPRA.L vs. VGSIX - Expense Ratio Comparison

EPRA.L has a 0.10% expense ratio, which is lower than VGSIX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EPRA.L vs. VGSIX - Dividend Comparison

EPRA.L has not paid dividends to shareholders, while VGSIX's dividend yield for the trailing twelve months is around 4.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPRA.L Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGSIX Vanguard Real Estate Index Fund	4.31%	2.76%	2.83%	3.77%	3.75%	2.43%	3.78%	3.24%	4.59%	4.09%	4.67%	3.78%

Frequently Asked Questions

Can I hold both EPRA.L and VGSIX in my portfolio?

EPRA.L and VGSIX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.